MIRC Electronics Limited (MIRCELECTR) — Defensive Interval Ratio

Latest as of March 2026: 278 days

MIRC Electronics Limited (MIRCELECTR) has a Defensive Interval Ratio of 278 days as of March 2026. Defensive assets of Rs1.82 Billion (cash Rs-, short-term investments Rs445.20 Million, receivables Rs1.37 Billion) cover 278 days of daily cash needs of Rs6.53 Million/day.

Defensive Interval Ratio

278 days
Days of operational coverage

Defensive Assets

Rs1.82 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs6.53 Million
Current Liabilities ÷ 365

Current Liabilities

Rs2.38 Billion
INR

MIRC Electronics Limited Defensive Interval Ratio (2005–2026)

This chart shows how MIRC Electronics Limited's Defensive Interval Ratio has evolved across 22 annual periods from 2005 to 2026. As of March 2026, the ratio stands at 278 days, meaning defensive assets of Rs1.82 Billion can fund 278 days of operations without new revenue. For the complete balance sheet picture, see MIRCELECTR current and non-current assets.

Annual Defensive Interval Ratio for MIRC Electronics Limited (2005–2026)

The table below presents the year-by-year Defensive Interval Ratio for MIRC Electronics Limited from 2005 to 2026, covering 22 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See MIRC Electronics Limited current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2026 278 days Rs1.82 Billion Rs6.53 Million/day Rs- Rs445.20 Million ▲ +74 days
2025 205 days Rs2.13 Billion Rs10.38 Million/day Rs188.70 Million Rs214.20 Million ▲ +53 days
2024 152 days Rs1.74 Billion Rs11.45 Million/day Rs- Rs94.30 Million ▲ +39 days
2023 113 days Rs981.60 Million Rs8.72 Million/day Rs- Rs85.90 Million ▲ +20 days
2022 93 days Rs1.22 Billion Rs13.11 Million/day Rs- Rs159.30 Million ▼ -47 days
2021 140 days Rs1.62 Billion Rs11.59 Million/day Rs- Rs340.40 Million ▲ +14 days
2020 126 days Rs1.16 Billion Rs9.23 Million/day Rs- Rs340.40 Million ▼ -55 days
2019 181 days Rs1.27 Billion Rs7.01 Million/day Rs- Rs35.40 Million ▲ +168 days
2018 13 days Rs105.74 Million Rs8.13 Million/day Rs- Rs20.80 Million ▼ -125 days
2017 138 days Rs1.45 Billion Rs10.51 Million/day Rs- Rs49.88 Million ▲ +21 days
2016 116 days Rs1.41 Billion Rs12.10 Million/day Rs- Rs- ▲ +3 days
2015 114 days Rs1.59 Billion Rs14.00 Million/day Rs- Rs- ▲ +3 days
2014 111 days Rs1.64 Billion Rs14.74 Million/day Rs- Rs1.86 Million ▼ -6 days
2013 117 days Rs1.69 Billion Rs14.38 Million/day Rs- Rs1.67 Million ▼ -32 days
2012 149 days Rs2.14 Billion Rs14.32 Million/day Rs- Rs1.95 Million ▼ -63 days
2011 212 days Rs2.66 Billion Rs12.56 Million/day Rs- Rs- ▼ -12 days
2010 224 days Rs2.05 Billion Rs9.13 Million/day Rs- Rs- ▼ -223 days
2009 448 days Rs2.06 Billion Rs4.60 Million/day Rs- Rs- ▲ +177 days
2008 270 days Rs2.04 Billion Rs7.56 Million/day Rs- Rs- ▲ +4 days
2007 266 days Rs1.79 Billion Rs6.71 Million/day Rs- Rs- ▲ +78 days
2006 188 days Rs1.64 Billion Rs8.74 Million/day Rs- Rs131.71 Million ▼ -7 days
2005 195 days Rs1.42 Billion Rs7.28 Million/day Rs- Rs6.49 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)